* For weekends and holidays: Although this is the date of the last business day, the Total Net Assets reflect expense and interest accruals up to, but not including the next business day. For example, on Fridays the TNA will reflect accruals for Friday, Saturday and Sunday.

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Friday, 09 Dec 2016

TAGS Fund NYSE:TAGS

The Teucrium Agricultural Fund

The Teucrium Agricultural Fund (NYSE: TAGS) provides investors exposure to four core agricultural commodities, namely, corn, wheat, soybeans, and sugar, without the need for a futures account. TAGS invests directly in shares of the following four Teucrium Funds: Teucrium Corn Fund, Teucrium Soybean Fund, Teucrium Sugar Fund and Teucrium Wheat Fund (the “Underlying Funds”). The Underlying Funds were designed to reduce the effects of backwardation and contango.

The investment objective of the Fund is to have the daily changes in percentage terms of the Shares’ NAV reflect the daily changes in percentage terms of a weighted average (the “Underlying Fund Average”) of the NAVs per share of the Underlying Funds. The Fund seeks to achieve its investment objective by investing under normal market conditions in the publicly-traded shares of each Underlying Fund so that the Underlying Fund Average will have a weighting of 25% to each Underlying Fund, and the Fund’s assets will be rebalanced, generally on a daily basis, to maintain the approximate 25% allocation to each Underlying Fund.

Specifically, the Teucrium Corn Fund’s Benchmark is: (1) the second-to-expire Futures Contract for corn traded on the Chicago Board of Trade (“CBOT”), weighted 35%, (2) the third-to-expire CBOT Corn Futures Contract, weighted 30%, and (3) the CBOT Corn Futures Contract expiring in the December following the expiration month of the third-to-expire contract, weighted 35%. The Teucrium Wheat Fund’s Benchmark is: (1) the second-to-expire CBOT Wheat Futures Contract, weighted 35%, (2) the third-to-expire CBOT Wheat Futures Contract, weighted 30%, and (3) the CBOT Wheat Futures Contract expiring in the December following the expiration month of the third-to-expire contract, weighted 35%. The Teucrium Soybean Fund’s Benchmark is: (1) the second-to-expire CBOT Soybean Futures Contract, weighted 35%, (2) the third-to-expire CBOT Soybean Futures Contract, weighted 30%, and (3) the CBOT Soybean Futures Contract expiring in the November following the expiration month of the third-to-expire contract, weighted 35%, except that CBOT Soybean Futures Contracts expiring in August and September will not be part of the Teucrium Soybean Fund’s Benchmark because of the less liquid market for these Futures Contracts. The Teucrium Sugar Fund’s Benchmark is: (1) the second-to-expire Sugar No. 11 Futures Contract traded on ICE Futures US (“ICE Futures”), weighted 35%, (2) the third-to-expire ICE Futures Sugar No. 11 Futures Contract, weighted 30%, and (3) the ICE Futures Sugar No. 11 Futures Contract expiring in the March following the expiration month of the third-to-expire contract, weighted 35%.

The Teucrium Agricultural Fund (the “Fund”) is a commodity pool that issues common units representing fractional undivided beneficial interests in the Fund, called Shares, that may be purchased and sold on the NYSE Arca. The Fund is a series of the Trust, a Delaware statutory trust organized on September 11, 2009. The Fund is one of five series of the Trust; each series operates as a separate commodity pool. Additional series of the Trust may be created in the future. The Trust and the Fund operate pursuant to the Trust’s Second Amended and Restated Declaration of Trust and Trust Agreement (the “Trust Agreement”). The Fund was formed and is managed and controlled by the Sponsor, Teucrium Trading, LLC. The Sponsor, a limited liability company formed in Delaware on July 28, 2009, is registered as a commodity pool operator (“CPO”) with the Commodity Futures Trading Commission (“CFTC”) and is a member of the National Futures Association (“NFA”).

The Teucrium Agricultural Fund provides investors exposure to four core agricultural commodities without the need for a futures account. TAGS invests directly in shares of the following four Teucrium Funds: Teucrium Corn Fund, Teucrium Soybean Fund, Teucrium Sugar Fund and Teucrium Wheat Fund (the “Underlying Funds”).

Investing in the Underlying Funds subjects TAGS to the risks of the corn, wheat, soybean, and sugar markets, and this could result in substantial fluctuations in the price of Shares of TAGS. Unlike mutual funds, TAGS generally will not distribute dividends to Shareholders.

Investors may choose to use TAGS as a means of investing indirectly in corn, wheat, soybeans, and sugar, and there are risks involved in such investments and activities. The Sponsor has limited experience in operating a commodity pool, which is defined as an enterprise in which several individuals contribute funds in order to trade futures or futures options collectively.

Commodities and futures generally are volatile and are not suitable for all investors.

The Teucrium Agricultural Fund is not a mutual fund or any other type of Investment Company within the meaning of the Investment Company Act of 1940, as amended, and is not subject to regulation thereunder.

Shares of the Teucrium Agricultural Fund are not FDIC insured, may lose value, and have no bank guarantee.

All supporting documentation will be provided upon request.

Foreside Fund Services, LLC is the distributor for the Teucrium Agricultural Fund.

Key TAGS Links

TAGS Facts Details

Fund Symbol

TAGS

NAV Symbol

TAGS.IV

Listing Exchange

NYSE Arca

CUSIP

88166A706

TAGS Expense Ratio

Expense Ratio* 0.50%

* Includes all expenses paid by the Fund, as presented in the Form S-1 dated April 29, 2016.

An investor should consider investment objectives, risks, charges and expenses carefully before investing. The prospectus contains this and other information. Read the prospectus carefully before investing. An investment in the Fund involves risk, include possible loss of principal.

The Teucrium Corn, Sugar, Soybean, Wheat and Agricultural Funds (the "Funds") are not mutual funds or any other type of Investment Company within the meaning of the Investment Company Act of 1940, as amended, and are not subject to regulation thereunder.

Commodities and futures generally are volatile and are not suitable for all investors.

Foreside Fund Services, LLC is the distributor for the Teucrium Funds.

You are now leaving www.teucriumtagsfund.com and entering a linked web site pertaining to K-1 tax information for shareholders of the Teucrium Agricultural Fund. Teucrium Trading, LLC and the Teucrium Agricultural Fund are not responsible for the information presented on the linked site. Please see the new information regarding electronic K-1 delivery.